WETH/grantr Pool on Base Drops From $56k Peak To Near Zero
The WETH/grantr pair on the Base network experienced a severe reduction in available funds, falling from a high-water mark to just three dollars. This event marks the end of trading activity for this specific contract address as liquidity evaporated completely within days.
A specific trading venue for the WETH/grantr pair on the Base blockchain has effectively ceased to function. The pool, identified by contract address 0xe589588638b11c4561c3e99281fe331372f99b2f, once supported significant market depth but now holds a negligible balance.
The Numbers
At its height on June 17, 2026, this venue held $56,615 in total value locked. That drawdown represents a drop to just $3 remaining today. The health score for the pool has plummeted from optimal levels down to 20 out of 100.
What Happened
The event was detected on-chain at 13:53 UTC, signaling that funds were removed or rendered inaccessible. While risk flags currently show as okay for the broader ecosystem context, this specific deployment by wallet 0xd521a711b9011a08588fc5445a71178a6c7cce9a has resulted in a dead pool.
Why It Matters
This situation illustrates the volatility of decentralized finance markets where liquidity can vanish rapidly. When a pool drops from tens of thousands to single digits, users cannot execute trades or withdraw assets without facing extreme slippage that effectively prevents access. The remaining $3 is insufficient for meaningful market operations.
What To Watch
- The deployment wallet address associated with the initial launch.
- The specific contract where funds were originally deposited.